Forex Broker Comparison
Detailed side-by-side analysis
Quick Summary
Best for Beginners
FBS
$5.00Tightest Spreads
FBS
0.5 pips for major FX pairs pipsHighest Leverage
OctaFX
1:Up to 1:1000Best Rated
FBS
Mobile Trading
Both
✓✓General Information
FBS
Regulation
ASIC (Australia), CySEC (Cyprus), FSC (Mauritius)
Founded
N/A
Headquarters
Belize
Overall Rating
OctaFX
Regulation
CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles), FSC (Mauritius)
Founded
N/A
Headquarters
Vincent
Overall Rating
Trading Conditions
| Feature | FBS | OctaFX |
|---|---|---|
| Minimum Deposit | $5.00 | $25.00 |
| Average Spreads | 0.5 pips for major FX pairs | From 0.6 pips (average 0.7 pips on EUR/USD) – Competitive for majors. |
| Maximum Leverage | 1:3000 | Up to 1:1000 |
| Commission | None | None |
Account Types
FBS
No account types specified
OctaFX
Platforms & Tools
FBS
MetaTrader 4, MetaTrader 5
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
OctaFX
MetaTrader 4, MetaTrader 5, WebTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
Payments
FBS
Deposit Methods
Bank Wire Transfer, Credit/Debit Cards (Visa, Mastercard), E-wallets (Skrill, Neteller, Perfect Money), Local Payment Systems (region-specific), Cryptocurrencies (Bitcoin, Ethereum - availability varies).
Withdrawal Methods
Same as deposit methods: Bank Wire, Credit/Debit Cards, E-wallets, Local Payment Systems, Cryptocurrencies (where applicable).
Withdrawal Fee
None
OctaFX
Deposit Methods
Credit/Debit Cards (Visa/Mastercard), E-Wallets (Skrill, Neteller), Bank Wire Transfer, Cryptocurrencies (Bitcoin, USDT, 10+ options).
Withdrawal Methods
Same as deposits: Processed same-day for e-wallets/crypto; 1-3 days for wires. Broker covers all fees (third-party may apply).
Withdrawal Fee
None
Support
FBS
Support Languages
Available in 150+ languages, including English, Spanish, Portuguese, Arabic, Thai, Vietnamese, Indonesian, Chinese, Russian, and more.
Support Channels
24/7 support via live chat, email (support@fbs.com), phone, and social media.
Account Manager
Available
OctaFX
Support Languages
English, Arabic, Chinese, Spanish, Indonesian, Malay, Thai, Vietnamese – 10+ for Asian/global users.
Support Channels
24/7 via Live Chat, Email (support@octafx.com), WhatsApp/Phone; Response <1 min.
Account Manager
Available
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